Yeah mate, we'd be buggered if China went tits up, we'd have to start making stuff again, and all our old factories have been turned into poofy high end inner-city dwelling, so we don't even have anywhere to make it!
Hmmmmnnn, that leads to another question, if all our industry has gone "off-shore", wouldn't our carbon producing, ozone depleting, greenhouse gas emitting pollution have been reduced exponentially? Or is that "Global Warming" deal just a hoax, like the wonders of oat bran, or the end of the world via Y2K? 
You got a point there, Ter (Wot's this? I'm agreeing with an Aussie!!) hardly anybody's making anything, but we all want 2nd homes here, there as well as in the shires. Most of the househols in my street have 2 cars. But they say that cars aren't the worst polluters
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then they say that international flights are, but with the same breath they say yeah, it's a lot better tho'
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Then they say that coal fired power stations are the very worst polluters........except the Chinese ones 'cos they're our bestest friends now
So leads me to wonder how bad is it?
Yup, one thing I truly believe is that there's about 3-4 billion people too many on this earth, and that one day yeah, we will destroy the conditions by which we can live on Mother Earth. But is that such a bad thing? Methinks not. Mother Earth will breath a deep sigh of relief once we've gone.